The trading week ended unsuccessfully for buyers. An attempt to rise was sharply halted, and the price moved downward. It seemed that the new trading week would begin with a continuation of the downward movement. However, a gap occurred, and the price returned to the highs of Friday’s trading session.

Now, the initiative is on the buyers’ side. Growth is likely to continue, driven by the development of a correction that resembles a double zigzag pattern. The first part of this model has formed, with a linking wave completed, and work is currently underway on the second part of this model.

Thus, in the near future, we expect a continuation of the corrective growth, so it is worth considering opportunities for buy positions.

Recommendations: Buy at 1.0900, SL at 1.0880, TP at 1.1000.